RaynLim

GBPJPY - Bullish Deep Gartley

Long
RaynLim Updated   
FX:GBPJPY   British Pound / Japanese Yen
Wait for it...

The Range Bar chart has given me to short this pair at 156.09 and has exited at 155.36, a total of 73pips which translates to 639.75USD/lot traded.

If I were you, I will not immediately engage the Bullish Deep Gartley Pattern, even when it is a trend trading setup formed within the Buy Zone or known as the Demand Zone.

With such a strong bearish movement, it is a great idea to wait for the candlestick to pause and reversed.

It is ok to miss a trade, but what's not ok is to return the profit back to the market.
Trade active:
Target1 Achieved: 155.70(+39)0.6:1
Shift Stop-Loss to Entry, 155.33(+3)
Trade closed: target reached:
Final Target hit 156.00(+69)1.2:1
Total pips gained: 39-69pips = 108pips

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